TSMC records largest single foreign institution net sell last week: exchange

The China Post
Date: March 31, 2015
By: CNA

TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world’s largest contract chip-maker, last week suffered the largest foreign institutional net sell among the stocks listed on the main board, the Taiwan Stock Exchange (TWSE, 證交所) said Monday.

From March 23 to 27, foreign institutional investors sold a net NT$33.25 billion (US$1.06 billion) worth of local shares on the main board, with the selling largely focused on TSMC, the most heavily weighted stock on the market.

Foreign institutional investors sold a net 139.10 million TSMC shares last week, which sent the stock plunging 7.47 percent as semiconductor stocks on Wall Street took a beating, dealers said.     [FULL  STORY]

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